Mumbai: Octroi fades into history

Mumbai: Octroi fades into history

The five nakas Mumbai Octroi are benchmarks for the financial capital of India. Moreover, they are the main revenue providers Brihanmumbai Municipal Corporation (BMC), one of the largest civil organizations in the country. As of July 1 Grant is part of the tax history, but these nakas verify that they remain a reminder of the past.

Huge queues along the control counters nakas Grant and the bustle would be a thing of the past, when the tax on goods and services (GST) came into force.

Octori was also a political issue in Mumbai and the one in power in society has ensured that they give more revenue to the company. In addition, there had also been reports of rampant corruption.

For BMC Commissioner Ajoy Mehta, it is now a major challenge in how to use these facilities – which cost about 7 billion rupees a year and employ more than 2,000 people.

These employees would be absorbed by other departments of the BMC. There are also other indirect jobs – porters and about 3,000 authorized and unlicensed agents. Concession took effect in Mumbai from April 1, 1964.

The five nakas awards – Bombay-Panvel Road, Eastern Express Road, Western Express Road, Mulund-Airoli Naka Airoli Road and Lalbahadur Shashtri Marg Naka Mulund would now be used For other purposes.

As for the volume of transactions, five Octori Nakas to the entry points of Mumbai, the extreme railway as Chhatrapati Shivaji Maharaj Terminus, Dadar Terminus and Kurla Lokmanya Tilak Terminus in central train and Mumbai Central and Bandra west railway terminal and The port of Mumbai and Mumbai airport account for almost 30 000 tickets per day. This is around Rs 15 to Rs 20 crore per day.

“As soon as President Pranab Mukherjee and Prime Minister Narendra Modi supported the button that marked the GST procession, we stopped collecting Grant,” a leading source for the Mumbai collection concession, said the Deccan Herald. However, the Ministry will remain in operation for some time because it has to clear pending cases and litigation.

As for the use of these nakas, the municipal commissioners of 24 rooms were invited to give their contribution. What the BMC has in mind is the creation of a bus terminal, parking spaces or small business centers, authorities said the BMC.

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